The future is here, and it’s driven by Artificial Intelligence (AI). With AI set to revolutionize the way we live, it’s no surprise that savvy investors are looking to invest in this emerging technology. One way to access this space is through an Artificial Intelligence ETF. In this blog post, we will provide an Artificial Intelligence ETF list to help you invest in the future of technology.
Artificial Intelligence ETFs are a type of exchange-traded fund (ETF) that provide exposure to companies whose business operations are related to Artificial Intelligence. The ETFs invest in companies that are involved in the development, production, and application of AI in various industries. Let’s explore some of the top Artificial Intelligence ETFs in the market.
1. Global X Robotics & Artificial Intelligence ETF (BOTZ)
BOTZ is one of the flagship Artificial Intelligence ETFs that invests in companies that are at the forefront of robotics and AI technology. Some of the top holdings of BOTZ include NVIDIA, Intuitive Surgical, and ABB Ltd. The fund has an expense ratio of 0.68% and has delivered an impressive annualized return of 20.67% since its inception in 2016.
2. iShares Robotics and Artificial Intelligence ETF (IRBO)
IRBO is another notable Artificial Intelligence ETF that provides exposure to companies within the global robotics and AI industry. The top holdings of IRBO include Advanced Micro Devices, Microsoft, and Intel. This ETF has an expense ratio of 0.47% and has a year-to-date return of 18.46%.
3. AI-Powered Equity ETF (AIEQ)
AIEQ is a unique Artificial Intelligence ETF that uses artificial intelligence and machine learning algorithms to identify stocks to include in the fund’s portfolio. The algorithm is designed to evaluate fundamental, technical, and market sentiment data to make investment decisions. The top holdings of AIEQ include Microsoft, Apple, and Amazon. The expense ratio for AIEQ is 0.77%, and the ETF has delivered a year-to-date return of 22.02%.
4. Invesco QQQ ETF (QQQ)
QQQ is a popular technology-focused ETF that invests in companies within the NASDAQ 100 Index, including many leading technology companies. While the fund does not exclusively focus on Artificial Intelligence, many of the companies in the index are heavily involved in AI technology, such as NVIDIA, Amazon, and Microsoft. The expense ratio for QQQ is 0.20%, and the ETF has delivered a year-to-date return of 16.21%.
Investing in Artificial Intelligence ETFs has its advantages. First, investors can gain exposure to a diversified portfolio of AI-related companies across different industries. Second, investing in ETFs can save investors time and effort in researching individual companies. Lastly, investing in ETFs can provide more liquidity compared to direct investing in individual companies.
In conclusion, investing in Artificial Intelligence ETFs can provide investors with a unique opportunity to access the potential for AI-related growth in technology industries. By investing in ETFs, investors can gain exposure to a diversified portfolio of companies engaged in the development and application of AI technology, without having to research individual companies or invest a sizable sum of money into the field. Do your research and select the Artificial Intelligence ETF that best suits your investment goals.
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